Looking at the 4-hour level of BTC, the price has been rising along the upper band of the Bollinger Bands. Although there have been pullbacks, it has not broken below the middle band of the Bollinger Bands, which is a key support level, indicating that the upward trend's structure remains intact.
The trading volume is cooperating well; during the volume increase, buying pressure was very decisive, providing a solid volume foundation for the bullish trend. This is a good signal.
In terms of operation, consider going long in the range of 92,800-93,200, with a target around 95,000-96,000. In the short term, continue to maintain a low-leverage long strategy, and avoid overtrading.
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HappyToBeDumped
· 01-08 19:32
The Bollinger Bands are still in the chicken-eating phase; only when the volume catches up is it real. Entering a long position at 92,800 takes some guts.
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WhaleWatcher
· 01-06 12:33
The Bollinger Bands are tightly pressing down, and the trading volume has also increased. This move definitely has some substance. Entering long at 92,800 still feels a bit nerve-wracking, just in case there's another sharp dip.
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orphaned_block
· 01-06 01:47
The Bollinger Bands haven't broken the middle band, and the volume is cooperating quite well, but I've seen this kind of signal too many times. If you buy in at 92,800, you need to have a plan to recover your costs.
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OldLeekMaster
· 01-06 01:38
The middle band of Bollinger hasn't been broken, and the volume is also in place. This move is indeed quite interesting.
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MerkleDreamer
· 01-06 01:28
The Bollinger Bands not breaking the middle band is indeed a good sign, and the volume is also supportive. However, I still need to wait until the price pulls back to 92,800 before I dare to buy in.
Looking at the 4-hour level of BTC, the price has been rising along the upper band of the Bollinger Bands. Although there have been pullbacks, it has not broken below the middle band of the Bollinger Bands, which is a key support level, indicating that the upward trend's structure remains intact.
The trading volume is cooperating well; during the volume increase, buying pressure was very decisive, providing a solid volume foundation for the bullish trend. This is a good signal.
In terms of operation, consider going long in the range of 92,800-93,200, with a target around 95,000-96,000. In the short term, continue to maintain a low-leverage long strategy, and avoid overtrading.